$960,000
Investment Summary
- Monthly Cash Flow
- -$3,077
- Cap Rate
- 2.4%
- Cash-on-Cash Return
- -16.7%
- Debt Coverage Ratio
- 0.39
- Internal Rate of Return (5 years)
- -12.2%
Cash Flow
Net Operating Income (NOI) minus mortgage payments.
Calculation:
NOI - Mortgage Payments
Cap Rate (Market Value)
Capitalization Rate is a rate of return that compares the yearly Net Operating Income (NOI) to the market value.
Calculation:
NOI / Market Value
Cash-on-Cash Return (CoC)
Annual Cash Flow / Cash Invested
Calculation:
Annual cash flow divided by initial cash invested.
Debt Coverage Ratio (DCR)
Net Operating Income (NOI) divided by total debt payments.
Calculation:
NOI / Total Debt Payments
Internal Rate of Return (IRR)
A metric for assessing profitability over time. IRR is the discount rate at which the net present value (NPV) of all future cash flows (positive and negative) from an investment equals zero — including both periodic cash flow (such as rent) and a projected sale at the end of the holding period. It represents the expected annualized return, accounting for income, expenses, and the recovery of capital through a future sale.
Property Description
Under contract-accepting backup offers. Beautiful 5-Bedroom, 4.5-Bath Home in The Sanctuary – Perfect for Living and Entertaining! Nestled in the highly sought-after community of The Sanctuary, this spacious 5-bedroom, 4.5-bathroom home offers comfort, style, and plenty of room for you and your guests. Situated on a premium corner lot, this home boasts a large, extended screened-in patio at the rear of the home, ideal for enjoying outdoor living in a private setting. The newly added white PVC fencing and stone facade enhance the home’s curb appeal, while the concrete sculpted curbing adds a polished, sophisticated touch. Upon entering, you'll be greeted by a two-story living room with beautiful custom drapery that adds a touch of elegance. The chef-inspired kitchen and spacious prep areas are perfect for cooking and entertaining, while the breakfast bar provides a convenient space for casual dining or a quick snack. The owner's suite is a peaceful retreat, featuring a renovated en-suite bathroom with separate vanities and a hydro-massage spa tub with separate multi-head shower area.. an ideal spot to unwind after a long day! This home also offers a flexible floor plan, with a dedicated office space on the first floor and a guest room for added convenience. Upstairs, you'll find a bonus loft area that can easily be converted into an additional office, media room, or game room to suit your lifestyle. The property features two side-facing 2-car garages, providing added privacy and space for vehicles, along with a built-in workshop for your hobbies. With generous yard space and a prime corner lot location, the home offers plenty of outdoor space for recreation and relaxation. In addition to the features of this stunning home, The Sanctuary community provides a wealth of amenities, including a clubhouse, fitness center, community pool, and tennis courts, perfect for active lifestyles and enjoyment. The home's location offers easy access to major highways, making it simple to get around Orlando. It is just minutes from the University of Central Florida (UCF), as well as local shopping, dining, and entertainment options. Explore the vibrant downtown area, or visit the nearby theme parks, including Walt Disney World and Universal Studios, all within a short drive. This home is truly a perfect combination of comfort, convenience, and community amenities. Schedule your private showing today and make this incredible property your own! **With an acceptable offer, Sellers may offer to assist with buying the mortgage rate down!**
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Location
Property Details
Parking
- Description: Driveway, Garage Door Opener, Garage Faces Side, Workshop in Garage
- Details: Driveway, Garage Door Opener, Garage Faces Side, Oversized, Parking Pad, Garage, Workshop in Garage, Attached
- Garage Spaces: 4
- Spaces Total: 0
Bedroom Information
- # of Bedrooms: 5
Bathroom Information
- # of Baths (Full): 4
- # of Baths (Partial): 1
- # of Baths (Total): 5.0
Interior Features
- # of Rooms: 11
- # of Stories: 2
Exterior Features
- Exterior Walls Materials: Stucco
- Foundation: Slab
- Roof Type: IRR/Cathedral
- Roof Material: Shingle
HOA
- Has HOA: Yes
- Association: Nexus Community Management
- HOA Fee: $350/quarterly
Land Information
- Land Use: Residential
- Land Use Subtype: Single Family Residential
Lot Information
- Parcel ID: 1721325RB00005510
- Lot Size: 14291 sqft
Property Information
- Property Type: Single Family Residence
- Style: Contemporary
- Year Built: 2005
Tax Information
- Annual Tax: $8,494
Utilities
- Water & Sewer: Public
- Heating: Electric
- Cooling: Central Air
Location
- County: Seminole
Listing Details
Investment Summary
- Monthly Cash Flow
- -$3,077
- Cap Rate
- 2.4%
- Cash-on-Cash Return
- -16.7%
- Debt Coverage Ratio
- 0.39
- Internal Rate of Return (5 years)
- -12.2%
Cash Flow
Net Operating Income (NOI) minus mortgage payments.
Calculation:
NOI - Mortgage Payments
Cap Rate (Market Value)
Capitalization Rate is a rate of return that compares the yearly Net Operating Income (NOI) to the market value.
Calculation:
NOI / Market Value
Cash-on-Cash Return (CoC)
Annual Cash Flow / Cash Invested
Calculation:
Annual cash flow divided by initial cash invested.
Debt Coverage Ratio (DCR)
Net Operating Income (NOI) divided by total debt payments.
Calculation:
NOI / Total Debt Payments
Internal Rate of Return (IRR)
A metric for assessing profitability over time. IRR is the discount rate at which the net present value (NPV) of all future cash flows (positive and negative) from an investment equals zero — including both periodic cash flow (such as rent) and a projected sale at the end of the holding period. It represents the expected annualized return, accounting for income, expenses, and the recovery of capital through a future sale.
Purchase Details
Purchase PriceThe price paid for the property. Purchase price:
| $960,000 |
|---|---|
Amount FinancedThe amount of the purchase financed through a loan. Amount financed:
| -$768,000 |
Down paymentThe initial payment made towards the purchase. Down payment:
| $192,000 |
Closing CostsFees and expenses associated with purchasing a property, typically ranging from 2% to 5% of the home’s purchase price, paid at the end of a home purchase to cover services like lending, title transfer, and taxes. Closing costs:
| $28,800 |
Rehab CostsCosts incurred to repair or improve the property, including: roof, flooring, exterior siding, kitchen, exterior paint, bathrooms, etc. Rehab costs:
| $0 |
Initial Cash InvestedThe total initial cash invested in the property. Calculation:Down payment + Buying costs + Rehab costs Initial cash invested:
| $220,800 |
Square Feet (SQFT)The total square footage of the property. Square feet:
| 4,314 |
Cost Per Square FootCost per square foot of the property. Calculation:Purchase Price / Square Feet Cost per square foot:
| $223 |
Monthly Rent Per Square FootMonthly rent divided by the number of square feet. This ratio helps investors compare rental income efficiency across properties, markets, and unit sizes Calculation:Monthly Rent / Square Feet Monthly rent per square foot:
| $0.93 |
Financing Details
Loan AmountThe total sum of money borrowed from a lender to finance a property purchase. Calculation:Purchase Price - Down Payment
Loan amount:
| $768,000 |
|---|---|
Loan to Value Ratio (LTV)Loan amount divided by the market value of the property. Calculation:Loan Amount / Market Value
Loan to value ratio:
| 80.0% |
Loan TypeThe type of loan (e.g., fixed, adjustable).
Loan type:
| Amortizing |
TermThe loan repayment period in years.
Term:
| 30 years |
Interest RateThe percentage a lender charges on the borrowed amount of a loan, determining the cost of borrowing money.
Interest rate:
| 6.810% |
Principal & Interest (PI)The principal is the portion of the loan payment that reduces the loan balance. The interest is the lender's charge for borrowing money. Calculation:(P * r * (1 + r) ** n) / ((1 + r) ** n - 1) Where:
P = Loan amount (principal)
Principal & interest:
| $5,012 |
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services.
Property tax:
| $708 |
InsuranceThe costs for insurance coverage to protect against financial losses due to risks like fire, natural disasters, theft, liability, or tenant-related damages. Calculation:Assumes 7% of gross rental income, unless insurance rates are specified.
Insurance:
| $280 |
Private Mortgage Insurance (PMI)A fee that borrowers pay when they take out a conventional loan with a loan-to-value (LTV) ratio above 80%.
Private mortgage insurance (PMI):
| $0 |
Monthly PaymentThe fixed amount a borrower pays each month to repay a loan. It typically includes principal and interest (P&I) and may also cover property taxes, insurance, HOA fees, and PMI if escrowed. Monthly payment:
| $6,000 |
Operating Income
| % Rent | Monthly | Yearly | |
|---|---|---|---|
Gross RentThe total rental income received from tenants before deducting any expenses. Includes base rent, late fees, pet fees, parking fees, and other recurring charges.
Gross rent:
| $4,000 | $48,000 | |
Vacancy LossExpected loss of rent due to vacancies.
Vacancy loss:
(6%)
| 6% | -$240 | -$2,880 |
Operating IncomeGross rental income minus vacancy loss. Calculation:Gross rent - Vacancy loss
Operating income:
| $3,760 | $45,120 |
Operating Expenses
| % Rent | Monthly | Yearly | |
|---|---|---|---|
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services. | 18% | -$708 | -$8,494 |
InsuranceThe costs for insurance coverage to protect against financial losses due to risks like fire, natural disasters, theft, liability, or tenant-related damages. Calculation:Assumes 7% of gross rental income, unless insurance rates are specified. | 7% | -$280 | -$3,360 |
Property ManagementThe costs associated with hiring a property manager to handle the day-to-day operations of a rental property. Includes management fees, leasing fes, eviction fees, etc. Calculation:Assumes 8% of gross rental income. | 8% | -$320 | -$3,840 |
Repairs & MaintenanceOngoing costs for routine upkeep and minor fixes needed to keep a property in good working condition. Calculation:Assumes 5% of gross rental income. Varies by property age and condition. | 5% | -$200 | -$2,400 |
Capital ExpensesLarge, infrequent costs for major improvements or replacements, like a new roof, HVAC system, or appliances. Calculation:Assumes 5% of gross rental income. Varies by property age. | 5% | -$200 | -$2,400 |
HOA FeesRegular dues paid to a Homeowners Association for community maintenance, amenities, and management. Similar fees include: Condo Association Fees, Co-op Maintenance Fees, etc. | 3% | -$117 | -$1,404 |
Operating ExpensesRecurring costs required to maintain and manage a rental property, including property taxes, insurance, maintenance, repairs, utilities (if paid by the owner), property management fees, and other day-to-day expenses. Calculation:Insurance + Property Taxes + Property Management + Repairs & Maintenance + Capital Expenditures + HOA Fees | 46% | -$1,825 | -$21,898 |
Cash Flow
| Monthly | Yearly | |
|---|---|---|
Net Operating Income (NOI)The income generated from a property after deducting all operating expenses but before deducting mortgage payments, taxes, and capital expenditures. Calculation:Gross Operating Income - Operating Expenses
Net operating income:
| $1,935 | $23,220 |
Mortgage PaymentThe fixed amount a borrower pays each month to repay a loan. It typically includes principal and interest (P&I) and may also cover property taxes, insurance, HOA fees, and PMI if escrowed. | -$5,012 | -$60,144 |
Cash FlowNet Operating Income (NOI) minus mortgage payments. Calculation:NOI - Mortgage Payments | $3,077 | $36,924 |